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Observations from my trip to India

Version One Ventures

It’s obviously very large, but most start-up activity is concentrated in a few cities: Bangalore (the “Silicon Valley” of India), Delhi (the 33m strong capital of India), Mumbai (the financial capital) and Chennai. Sequoia, Accel, Lightspeed, Nexus, Matrix and Elevation came up in conversations all the time.

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It’s Not a Conversion Problem, It’s a Customer Development Problem

ConversionXL

I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. Not because they have a conversion problem but because they never really nail the product or how to market it. This is not a conversion problem. This is a customer development problem.

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. The board raises a collective eyebrow. The VP of Sales goes back and exhorts the troops to work harder.

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Beyond the garage

Startup Lessons Learned

And, most importantly, the Lean Startup idea is starting to take root in industries and contexts very different from it’s Silicon Valley roots. And this year, we’re going to talk not just about business and product development, but we’ll be exploring one of the Lean Starutp movements next big frontiers: the role of design.

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How Sin-Mei Tsai, Shippo’s VP of Engineering, Defines Code Quality

Version One Ventures

She is a Silicon Valley veteran – having been the Senior Director of Engineering at Yodlee, then holding several CTO, Chief Architect, and other engineering leadership roles at a few startups before landing at Shippo in 2016. Above all, the purpose of product development is to create value for customers.

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Convergent Technologies: War Story 1 – Selling with Sports Scores.

Steve Blank

They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. So their management teams were insisting that they OEM (buy from someone else) these products. The Customer is a Genius Then instead of talking about our products he segued the conversation into their products.

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Should you raise on convertible notes or do an equity round?

Hippoland

Downstream investors can potentially rewrite a lot of the conversion terms later, screwing over earlier investors. Some early stage investors, especially outside of the Silicon Valley, still won’t do any deal that is on a convertible note or convertible security, so if you’re not based in the Silicon Valley, this is something to consider.

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